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$3,000,000
192 Days On Site

547 Ponce De Leon Avenue NE
Atlanta, GA 30308

For Sale|Business|Active
0
Beds
0
Full Baths
0
Partial Baths
5,250
SqFt
$571
/SqFt
1950
Built
County:
Fulton

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547 Ponce De Leon Avenue NE547 Ponce De Leon Avenue NE547 Ponce De Leon Avenue NE547 Ponce De Leon Avenue NE
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Incredible opportunity to own a block from Ponce City Market and the Beltline directly on desired Ponce corridor. Property currently functions as a two story brick 5,250 sq ft office building with an unpreceded 22 gated surface parking spaces on 0.471 acres. Perfect for owner-occupant business for entire building or use one story and lease the other story. Existing building first floor has one meeting room, one conference room, four offices, two restrooms, one breakroom, and lobby. The second floor has five offices, one breakroom, two meeting rooms, one conference room, 2 bathrooms, and one file room. The hallways have hardwood flooring and rooms are a combination of hardwoods, carpet and tile. The building was renovated in 2006 with more recent roof and HVAC improvements and considered a class C investment property. Unlimited development potential including using existing building or razing building and redeveloping. Development could be at current surface level or excavated to Ponce level. Initial Geotechnical Exploration completed, and no resistance found for at least 14 – 59 feet on site. Ponce City Market and surrounding businesses and entertainment district would support another boutique hotel similar to adjacent property with potential for up to 5 stories or a combination of private residences and leased units. The room rental rates and office lease rates in the area surrounding the Beltline continue to break records.

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Listing Snapshot
Price 
$3,000,000
Days On Site 
192 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,250 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.471 Acres
Year Built 
1950
MLS® Number 
7386909
Status 
Active
Property Tax 
$27,128
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoStatus changed to Active
6 months agoListing updated with changes from the MLS®
6 months agoListing first seen on site
General Features
Acres 
0.471
Foundation 
BlockBrick/Mortar
Number Of Stories 
2
Parking 
Parking Lot
Parking Spaces 
22
Property Sub Type 
Business
Security 
Security GateSecurity Lights
Sewer 
Public Sewer
SqFt Total 
5250
Stories 
Two
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Zoning 
MRC2C
Interior Features
Basement 
Crawl SpaceInterior Entry
Cooling 
Central Air
Flooring 
CarpetCeramic TileHardwood
Heating 
CentralNatural Gas
Window Features 
Skylight(s)
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Exterior Features
Construction Details 
Frame
Fencing 
Gate
Lot Features 
Sloped
Other Structures 
None
Road Frontage 
City Street
Roof 
FlatOther
View 
City
Waterfront Features 
None
Waterview 
City
Windows/Doors 
Skylight(s)
Community Features
Roads 
Asphalt
Listing Provided Courtesy Of: William Shoemaker of Keller Williams Realty Intown ATL

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Neighborhood & Commute
Source: Walkscore
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